An aged couple walks on a avenue in Yantai, Shandong province, China on Oct. 29, 2022.
CFOTO | Future Publishing | Getty Pictures
BEIJING — China cannot simply depend on rising childbirths to deal with its growing older inhabitants points, stated Du Peng, vice principal of Renmin College of China.
No matter what number of youngsters are born in China, the variety of people who find themselves aged 60 and above will roughly double to greater than 500 million within the yr 2050, he informed reporters throughout a chat on Wednesday.
To attenuate the financial impression of such inhabitants modifications, he stated policymakers can take motion right this moment: by elevating the retirement age, enhancing insurance coverage protection and rising retirees’ social participation, amongst different measures.
Du is director of the college’s Institute of Gerontology, which suggests referring to the aged. He’s additionally a member of the professional committee for China’s Ministry of Civil Affairs.
China’s inhabitants progress has slowed as births drop and lifespans improve. Within the final ten years, Beijing has began to unwind strict insurance policies that for about three many years had restricted households to at least one little one every.
Excessive training and housing prices, particularly within the massive cities the place extra jobs are positioned, has additionally discouraged households from having youngsters.
Many international locations with related conditions additionally face growing older inhabitants points, by which a shrinking youthful workforce has to help a bigger portion of the inhabitants.
Du stated Wednesday he pays shut consideration to how different international locations — significantly Eire and France — are addressing growing older inhabitants points. He additionally stated China was rising communication with South Korean and Japanese students on the subject.
It wasn’t till 2018, whereas visiting Singapore, that he stated he was requested for the primary time about China’s expertise in dealing with growing older inhabitants points.
The nation faces a novel state of affairs by which a good portion of its aged stay in rural areas as an alternative of cities, Du identified.
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